After finishing at $19.74 in the prior trading day, Fiverr International Ltd (NYSE: FVRR) closed at $20.05, up 1.57%. In other words, the price has increased by $+0.31 from its previous closing price. On the day, 955237 shares were traded.
Ratios:
Our goal is to gain a better understanding of FVRR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 22, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $30 previously.
On January 19, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $43.
On October 04, 2023, UBS started tracking the stock assigning a Buy rating and target price of $33.UBS initiated its Buy rating on October 04, 2023, with a $33 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FVRR now has a Market Capitalization of 775.98M and an Enterprise Value of 820.96M. As of this moment, Fiverr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 234.78, and their Forward P/E ratio for the next fiscal year is 8.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 2.27 whereas that against EBITDA is 60.44.
Stock Price History:
Over the past 52 weeks, FVRR has reached a high of $37.18, while it has fallen to a 52-week low of $19.60. The 50-Day Moving Average of the stock is 23.96, while the 200-Day Moving Average is calculated to be 25.78.
Shares Statistics:
The stock has traded on average 963.55K shares per day over the past 3-months and 973.79k shares per day over the last 10 days, according to various share statistics. A total of 38.65M shares are outstanding, with a floating share count of 33.15M. Insiders hold about 14.34% of the company’s shares, while institutions hold 51.81% stake in the company. Shares short for FVRR as of Mar 15, 2024 were 3.67M with a Short Ratio of 3.81, compared to 4.88M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.49% and a Short% of Float of 11.13%.
Earnings Estimates
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.53 and a low estimate of $0.32, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.52, with high estimates of $0.61 and low estimates of $0.38.
Analysts are recommending an EPS of between $2.46 and $1.61 for the fiscal current year, implying an average EPS of $2.09. EPS for the following year is $2.32, with 7 analysts recommending between $2.91 and $1.83.
Revenue Estimates
10 analysts predict $92.42M in revenue for the current quarter. It ranges from a high estimate of $93.23M to a low estimate of $91.7M. As of the current estimate, Fiverr International Ltd’s year-ago sales were $87.96M, an estimated increase of 5.10% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $94.45M, an increase of 5.70% over than the figure of $5.10% in the same quarter last year. There is a high estimate of $96M for the next quarter, whereas the lowest estimate is $93.45M.
A total of 10 analysts have provided revenue estimates for FVRR’s current fiscal year. The highest revenue estimate was $385.34M, while the lowest revenue estimate was $379.1M, resulting in an average revenue estimate of $382.8M. In the same quarter a year ago, actual revenue was $361.38M, up 5.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $423.46M in the next fiscal year. The high estimate is $446.99M and the low estimate is $407.5M. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.
